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Chemicals and the Economy

Oil prices – the Iran factor

Oil price movements are now dominated by the Iranian nuclear issue. Last month, they jumped $10/bbl to $146/bbl as news leaked of Israel’s training exercise against Iran’s nuclear sites. I’ve since talked to someone who was on holiday in Southern Greece at the time, and he says it was an amazing sight – the sky […]

What price oil?

Crude oil prices are climbing again. $100/bbl is not impossible, if current geo-political concerns continue. And today’s tightly balanced market could persist to 2010.

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